BuyFind

Financial Accounting

15th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781337272124
BuyFind

Financial Accounting

15th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781337272124

Solutions

Chapter
Section
Chapter 8, Problem 4PEB
Textbook Problem

Prepare journal entries for each of the following:

  1.        a.            Issued a check to establish a petty cash fund of $1,000.
  2.       b.            The amount of cash in the petty cash fund is $315. Issued a check to replenish the fund, based on the following summary of petty cash receipts: repair expense, $600, and miscellaneous selling expense, $56. Record any missing funds in the cash short and over account.

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Chapter 8 Solutions

Financial Accounting
Ch. 8 - Identify each of the following as relating to (a)...Ch. 8 - Identify each of the following as relating to (a)...Ch. 8 - The following items may appear on a bank...Ch. 8 - The following items may appear on a bank...Ch. 8 - The following data were gathered to use in...Ch. 8 - The following data were gathered to use in...Ch. 8 - Prepare journal entries for each of the following:...Ch. 8 - Prepare journal entries for each of the following:...Ch. 8 - Financial data for Otto Company follow: a....Ch. 8 - Financial data for Bonita Company follow: a....Ch. 8 - Using Wikipedia (www.wikipedia.com), look up the...Ch. 8 - Jimmy Pace has recently been hired as the manager...Ch. 8 - Ramonas Clothing is a retail store specializing in...Ch. 8 - Pacific Bank provides loans to businesses in the...Ch. 8 - One of the largest losses in history from...Ch. 8 - An employee of JHT Holdings, Inc., a trucking...Ch. 8 - All-Around Sound Co. discovered a fraud whereby...Ch. 8 - A former chairman, CFO, and controller of...Ch. 8 - The procedures used for over-the-counter receipts...Ch. 8 - Sergio Flores works at the drive-through window of...Ch. 8 - The mailroom employees send all remittances and...Ch. 8 - The actual cash received from cash sales was...Ch. 8 - The actual cash received from cash sales was...Ch. 8 - Abbe Co. is a small merchandising company with a...Ch. 8 - Paragon Tech Company, a communications equipment...Ch. 8 - Identify each of the following reconciling items...Ch. 8 - Identify each of the following reconciling items...Ch. 8 - The following data were accumulated for use in...Ch. 8 - The following data were accumulated for use in...Ch. 8 - Accompanying a bank statement for Santee Company...Ch. 8 - An accounting clerk for Chesner Co. prepared the...Ch. 8 - The following June 30 bank reconciliation was...Ch. 8 - Alaska Impressions Co. records all cash receipts...Ch. 8 - Journalize the entries to record the following: ...Ch. 8 - Mattel, Inc., designs, manufactures, and markets...Ch. 8 - El Dorado Inc. has monthly cash expenses of...Ch. 8 - Capstone Turbine Corporation produces and sells...Ch. 8 - Amicus Therapeutics, Inc., is a biopharmaceutical...Ch. 8 - The following procedures were recently installed...Ch. 8 - Jeremiah Restoration Company completed the...Ch. 8 - The cash account for American Medical Co. at April...Ch. 8 - The cash account for Brentwood Bike Co. at May 1...Ch. 8 - Beeler Furniture Company deposits all cash...Ch. 8 - The following procedures were recently installed...Ch. 8 - Jeremiah Restoration Company completed the...Ch. 8 - The cash account for Stone Systems at July 31...Ch. 8 - The cash account for Collegiate Sports Co. on...Ch. 8 - Sunshine Interiors deposits all cash receipts each...Ch. 8 - Tehra Dactyl is an accountant for Skeds, Inc., a...Ch. 8 - During the preparation of the bank reconciliation...Ch. 8 - Wholesome and Happy Foods is a farm-to-family...Ch. 8 - The following is an excerpt from a conversation...Ch. 8 - The following is an excerpt from a conversation...Ch. 8 - The records of Parker Company indicate a July 31...Ch. 8 - TearLab Corp. is a health care company that...

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